The EURUSD confirms the break – Analysis - 25-04-2019
Economies.com
2019-04-25 04:18AM UTC
The EURUSD pair confirmed breaking 1.1180 level after closing the daily candlestick below it, which activates the bearish trend scenario on the intraday and short term basis, noting that our next targets are located at 1.1100 followed by 1.1040.
Therefore, the bearish trend will be expected in the upcoming sessions supported by the negative pressure formed by the EMA50, conditioned by the price stability below 1.1180 and 1.1245 levels.
The expected trading range for today is between 1.1060 support and 1.1245 resistance.
The expected trend for today: Bearish
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